Fairfax Financial Holdings Limited (TSE:FFH) Director Sells C$446,336.95 in Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director Kleven Sava sold 181 shares of Fairfax Financial stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of C$2,465.95, for a total transaction of C$446,336.95.

Fairfax Financial Trading Down 2.6%

Shares of Fairfax Financial stock opened at C$2,442.16 on Thursday. Fairfax Financial Holdings Limited has a 1 year low of C$1,425.00 and a 1 year high of C$2,508.57. The stock has a 50-day moving average price of C$2,259.60 and a 200 day moving average price of C$2,092.97. The company has a market cap of C$39.17 billion, a P/E ratio of 9.35, a P/E/G ratio of 0.27 and a beta of 0.83.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FFH. Royal Bank Of Canada raised Fairfax Financial to a “moderate buy” rating and set a C$2,050.00 price objective for the company in a research note on Wednesday, June 18th. National Bankshares increased their price target on Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. CIBC boosted their price objective on Fairfax Financial from C$2,500.00 to C$2,700.00 in a report on Friday, May 2nd. Scotiabank upped their price objective on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the company a “sector perform” rating in a research note on Thursday, April 24th. Finally, BMO Capital Markets lifted their target price on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a research report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$2,535.71.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.